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The deal ends years of speculation over who might buy Endeavor, one of the last remaining closely held, major producers in the shale-rich Permian region.
Although the company has introduced a new mechanism to boost dividends in an attempt to attract more investors and improve liquidity, it still lags peers.
February 8, 2024
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The acquisition positions Chesapeake to take on its biggest domestic rival, EQT Corp., and expands its holdings in the Marcellus and Haynesville basins.